In a notable deviation from the norm, Bassett Furniture Industries, a major U.S. furniture manufacturer, has publicly acknowledged that a recent ransomware attack will have a material impact on its business operations until recovery is complete. This announcement marks the first time a company has
Lassonde Industries, a prominent agri-food company based in Canada, has made a significant move to enhance its presence in the United States by investing $53 million in upgrading its beverage manufacturing facility in Hendersonville, North Carolina. This major investment marks a substantial
The Yamuna Expressway Industrial Development Authority (Yeida) is embarking on a transformative project to develop a 200-acre Electronic Manufacturing Cluster (EMC) in Sector 10 along the Yamuna Expressway. This expansive initiative is poised to stimulate the local economy, create myriad job
The fast-paced retail environment demands precision and agility, especially during peak shopping seasons like Prime Day, back-to-school periods, and the holiday rush. Retailers often find themselves grappling with intense pressure to manage inventory levels effectively. In this complex scenario,
Economic developments in South Carolina are taking a significant leap forward with recent investments and expansions in the manufacturing sector. Prominent global companies like Schneider Electric and ElringKlinger Group are at the forefront of these advancements, committing substantial resources
The automotive industry is witnessing remarkable innovations in supply chain management, spurred by leading automakers who are pushing the boundaries of efficiency, sustainability, and technology. This article explores how the top automotive supply chains are revolutionizing the industry, setting
